OCC Allows National Bank Offices Affected by California Fires to Close

WASHINGTON — The Office of the Comptroller of the Currency today issued a proclamation allowing national bank offices affected by the fires in California to close at their discretion.

In issuing the proclamation, Tim Long, Senior Deputy Comptroller and Chief National Bank Examiner, said he expects that only those bank offices directly affected by the fires will close. Those offices should make every effort to reopen as quickly as possible to address the banking needs of their customers, he added.

The OCC encourages national banks to take steps to deal with natural disasters or other emergencies. Those steps are outlined in the attached OCC banking bulletin.